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Ballard and Azure Aim to Bring Zero-Emission Fuel Cell Buses to China

29 May 2013

Ballard Power Systems has signed a non-binding memorandum of understanding (MoU) with partner Azure Hydrogen to extend the scope of their collaboration to include fuel cell buses. The MoU envisions Ballard providing a manufacturing license agreement, engineering services, fuel cell stacks and components. The parties will move into the contract phase in the coming months. In the interim, Azure has committed $1 million up-front to Ballard.

Azure plans to develop fuel cell bus capabilities in China with Ballard’s technical support and funding from Chinese sources, including both private investors as well as various levels of Government. If Azure is successful with its plans, the collaboration under this MOU would lead to the deployment of zero emission fuel cell buses in China.